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1 Peso African presence at America
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1992 |
| Type | Log in to see details |
| Value | 1 Peso (1 CUP) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse depicts a richly adorned African female figure standing to the left in the foreground, wearing traditional ceremonial dress and holding a bouquet of flowers, symbolising the African cultural heritage brought to the Americas. Behind her, a large period caravel under full sail rides stylised waves across the central and right fields, evoking the transatlantic crossings of the Age of Discovery. The Roman numeral V and the word CENTENARIO are inscribed along the upper left arc, commemorating the quincentenary of Columbus's voyage. The date 1992 appears at the lower right among the waves, while the three-line legend PRESENCIA DE AFRICA EN AMERICA is inscribed in the lower exergue, all in raised Latin characters. |
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| Additional information |
Cuba's 1992 commemorative program was produced almost entirely for the international collector market rather than domestic circulation — the peso had been effectively displaced from everyday Cuban life by the dual-currency system formalizing hard currency's dominance. This particular issue honors the documented African cultural and demographic influence on Cuban society, rooted in the transatlantic slave trade that brought an estimated 800,000 enslaved Africans to the island between the sixteenth and nineteenth centuries.
Nickel bonded steel was a cost-driven substitution common in Cuban coinage of this period, when the post-Soviet economic crisis severely constrained mint resources.